Clinical Laboratory Science, Medical Technology, Technologist Degree from Benedictine University Return on Investment

See what the return on investment is for jobs that someone with a Clinical Laboratory Science, Medical Technology, Technologist degree from Benedictine University is likely to work in.

F D C B A
Approximate Total Payment $531,683
Approximate Total Interest $150,484
Monthly Payment $3692.24
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in clinical laboratory science, medical technology, technologist from benedictine university

Clinical laboratory technologists and technicians

Projection Rating: C

Median Annual Wage: $60,780

Percentage of Paycheck to Repay: 24.30%-18.08%

Employment Change: 18.2%

Entry-Level Education: Bachelor's degree

Medical scientists, except epidemiologists

Projection Rating: F

Median Annual Wage: $100,890

Percentage of Paycheck to Repay: 43.92%-32.68%

Employment Change: 16.8%

Entry-Level Education: Doctoral or professional degree

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Investing in your education is a crucial step toward a successful career, especially in the rapidly evolving fields of Clinical Laboratory Science and Medical Technology. At Benedictine University, our Technologist Degree program is designed not only to equip you with the necessary skills but also to provide a significant return on investment (ROI).

The demand for qualified laboratory professionals is consistently high, making a degree in Clinical Laboratory Science a smart choice for future job security and career advancement. Graduates of our program benefit from robust employment opportunities in hospitals, research facilities, and diagnostic laboratories. With a focus on hands-on training and real-world applications, our curriculum ensures that you are job-ready upon graduation.

Moreover, the financial outlook for Clinical Laboratory Science professionals is promising. According to recent industry reports, the average annual salary for a medical technologist ranges from $55,000 to $75,000, depending on experience and location. This competitive salary, combined with the relatively low cost of education at Benedictine University, translates to a favorable ROI.

Additionally, our graduates have access to a strong alumni network and career services that facilitate job placements and internships, further enhancing their earning potential. Investing in a Technologist Degree from Benedictine University not only prepares you for a fulfilling career but also positions you to achieve financial stability and growth in an essential healthcare field.

In conclusion, choosing Benedictine University for your Clinical Laboratory Science and Medical Technology education is a strategic investment in your future. With excellent job prospects, competitive salaries, and a supportive educational environment, you can expect a substantial return on your investment as you embark on a rewarding career that makes a difference in the healthcare landscape.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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